Vietnam should raise its tobacco tax in order to deter and reduce people smoking, the World Health Organisation has advised. WHO head Kidong Park said at a recent meeting held by the Health Ministry in Hanoi that Vietnam was among the top 15 countries in the…
As more and more Vietnamese drinkers take to beer and competition heats up, leading brands are spending big on advertisements. Saigon Alcohol Beer and Beverages Corporation (Sabeco), the leading beer producer in Vietnam which brews the well-known Saigon and…
Vietnam’s new-age carrier Vietjet will officially launch a direct route connecting Hanoi with Osaka (Japan) on 8 November 2018, looking to further boost tourism and trade integration between the two countries and across the region. A special ceremony to…
Major brands in the footwear industry are shifting their outsourced work to Vietnam instead of China, but experts doubt this will be a good thing in the long run. Sneaker giant Adidas last year had 44 percent of its footwear produced in Vietnam, more than…
A Finance Ministry proposal to slap a 10 percent special consumption tax on sweetened drinks would hurt small and medium businesses, critics say. Business representatives and some experts say the beverage industry is already taxed heavily, and the latest…
The Canadian International Trade Tribunal (CITT) said on Monday it has initiated a preliminary dumping inquiry into steel imported from China, South Korea and Vietnam. The tribunal will investigate whether the alleged dumping and subsidizing of “cold-reduced…
Most Southeast Asian stock markets fell on Monday, with Malaysia declining for a fifth session in six, while Indonesia extended gains on the back of financial and infrastructure stocks. “There are lots of pitfalls that could sideswipe the markets,” said…
Recent fuel price hikes have kicked up Vietnam’s Consumer Price Index (CPI) this month by 3.86 percent year on year, the General Statistics Office has reported. The hike was led by traffic and transportation services, which rose 1.72 percent over last month,…
Singapore-Vietnam convenience store joint venture Cheers has opened its third store, on Dinh Tien Hoang Street in downtown Ho Chi Minh City. Operated by Vietnam’s supermarket operator Saigon Co-op and Singapore’s NTUC FairPrice grocery network, Cheers is open…
Bui Mai Phuong is an avid online shopper, ordering anything from clothing to personal-care products from her smartphone. But she prefers to pay with cash. She is among hundreds of millions of people whom firms such as Softbank Group-backed Grab and China’s…
A total of 92 Vietnamese startups raised $291 million in funding last year, said Mai Duy Quang of the Vietnam Software and IT Services Association at the opening of K-Startup Grand Challenge on Thursday. That’s a 45 percent increase in number of startups from…
Vietnamese lender Techcombank will list its shares on the Ho Chi Minh Stock Exchange next month, the bank said on Wednesday, making it the country’s seventh biggest firm by market value. Techcombank raised $922 million last month in one of the country’s…
None of Vietnam’s carriers made it to the top 50 list of cheapest airlines by average ticket price per kilometer, according to a 2018 report on global flight price by Melbourne-based transport search engine Rome2Rio. The report analyzed about 1.5 million…
Vietnam has become an up and coming property investment destination among Chinese and Hong Kong buyers with real estate prices lower than in other Southeast Asian countries. Demand for properties in Vietnam among Chinese buyers surged 300 percent year-on-year…
With high quality and reasonable price, made-in-Vietnam woodwork has made its presence felt in luxury interior design projects worldwide. Last year, a team of 70 workers from Vietnam of design and construction company AA Corp were sent to the Caribbean to…
Despite revenue growth, Vietnam retailer Mobile World has shuttered six The Gioi Di Dong stores. It closed the outlets last month following one earlier closure with a plan to maintain 1065 stores nationwide. The company says it has decided not to expand its…
Retail Academy: Vietnam
Free background guides on how retail works in this market.
A young, urbanising market where modern trade is growing quickly, convenience and mini-supermarkets are the battleground, and Hanoi and Ho Chi Minh City beha…
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Vietnam.
Asia Market Guides · 8 min read
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